Larsen Robert 4

What Happened

• Robert Larsen, Chief Financial Officer of Titan Machinery (TITN), had 6,143 shares withheld by the company to satisfy withholding taxes when restricted stock vested on April 1, 2026. The shares were valued at $17.35 each, for a total of approximately $106,581. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date and price: April 1, 2026 @ $17.35 per share.
• Shares involved: 6,143 shares withheld (disposition recorded for tax withholding).
• Transaction code: F — shares withheld to pay tax withholding on vested restricted stock.
• Footnote: Filing notes the shares were withheld by Titan Machinery to cover withholding taxes upon vesting.
• Filing timeliness: Report filed April 3, 2026 (appears timely; Form 4 is generally due within two business days of the transaction).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context

• This is a routine corporate action to cover tax obligations when restricted stock vests and should not be interpreted as an executive selling shares for liquidity or signaling a view on the company. Tax-withholding dispositions reduce the insider’s net shares outstanding but do not indicate a deliberate market sale.